The DOJ will sue the ratings agency over ratings it gave risky mortgage-backed securities in the run-up to the financial crisis
The chairman of the House Financial Services Committee says that a recent court ruling means the CFPB will have to comply with executive orders limiting its rule-making ability
The Federal Reserve Bank has tried a couple of different initiatives in the form of monetary policy to stimulate mortgage lending and make the process easier for borrowers in the wake of the real estate crash and mortgage meltdown of the early 21st century.
When banks shut down lending in 2008 cash was certainly king all the way through the end of 2009. The FDIC’s bank task forces were shutting down banks daily, and those who were able to step up with cash were winning in a big way.